WisdomTree Target Range Fund (NASDAQ:GTR – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 5,104 shares, a decrease of 37.4% from the August 31st total of 8,154 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,510 shares, the days-to-cover ratio is presently 0.7 days.
WisdomTree Target Range Fund Stock Performance
Shares of NASDAQ GTR traded down $0.12 during mid-day trading on Thursday, hitting $27.20. 617 shares of the stock were exchanged, compared to its average volume of 5,556. WisdomTree Target Range Fund has a twelve month low of $24.55 and a twelve month high of $27.96. The stock’s fifty day simple moving average is $27.57 and its two-hundred day simple moving average is $26.89. The company has a market cap of $72.07 million, a P/E ratio of 20.13 and a beta of 0.59.
Institutional Investors Weigh In On WisdomTree Target Range Fund
A hedge fund recently raised its stake in WisdomTree Target Range Fund stock. Valmark Advisers Inc. raised its holdings in WisdomTree Target Range Fund (NASDAQ:GTR – Free Report) by 5.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,360,343 shares of the company’s stock after purchasing an additional 127,779 shares during the quarter. Valmark Advisers Inc. owned approximately 91.49% of WisdomTree Target Range Fund worth $59,183,000 as of its most recent SEC filing.
About WisdomTree Target Range Fund
The WisdomTree Target Range Fund (GTR) is an exchange-traded fund that is based on the TOPS Global Equity Target Range index. The fund is an actively managed fund-of-funds that provides exposure to stocks from around the world while managing risk through a cash-secured call spread strategy. GTR was launched on Oct 7, 2021 and is managed by WisdomTree.
Further Reading
- Five stocks we like better than WisdomTree Target Range Fund
- Jabil’s Double-Beat and Raise Is a Signal That This Rally Will Continue
- Anthropic’s IPO Could Put Amazon’s and Alphabet’s Paper Profits to the Test
- Microsoft’s AI Spending Didn’t Change—Wall Street’s View of It Did
- Cleared for Takeoff: AAR Corp. Expands Its Aerospace Aftermarket Reach
Receive News & Ratings for WisdomTree Target Range Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Target Range Fund and related companies with MarketBeat.com's FREE daily email newsletter.
